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Shares of automakers like Maruti Suzuki and Bajaj Auto rose after strong April sales data lifted sentiment. The gains pushed the Nifty Auto index over 1% higher, led by robust performance from key players.
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Indian real estate developer Godrej Properties reported ​a 70% rise in ​fourth-quarter profit on Monday as demand ​for residential apartments stayed high.
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Berkshire Hathaway enters new era under Greg Abel, maintaining Warren Buffett’s legacy, emphasizing disciplined capital allocation, strong operations, cautious AI stance, and long-term value creation amid evolving leadership dynamics.
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US markets are driven by strong corporate earnings and a stable labor market, defying global geopolitical tensions. While investors hope for negotiation, unpredictable political rhetoric and potential oil price spikes pose risks, especially for emerging markets like India. Economies are better equipped to absorb shocks than in past decades, but caution remains advised.
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OnEMI Technology Solutions’ Rs 926 crore IPO saw 27% subscription on Day 2, with QIBs leading demand. GMP remains modest at 2%, indicating cautious sentiment. While improving profitability and reasonable valuations support the case, high unsecured lending exposure and regulatory risks suggest investors should approach the issue with measured expectations.
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